Nifty India Defence Index Rises 0.50% to 8,860.50 In Today's Early Trade Session

Mumbai, June 12: The Nifty India Defence index posted a marginal gain on Thursday, climbing 48.65 points or 0.55%, and was trading at ₹8,860.50 during the early trade session.

Despite the index’s uptick, the market trend within the index weakened, with 12 stocks declining and only 6 advancing, indicating selective participation after a sharp month-long rally.

The index has surged over 23% in the past 30 days and 36% in the last year, reflecting the market’s confidence in India’s defence sector transformation.

Top Performers: Solar Industries, Cochin Shipyard Outshine Peers

• Solar Industries India Ltd rose 1.04% to ₹16,759, continuing its strong momentum with a 30-day return of 24.82%.
• Cochin Shipyard Ltd advanced 0.52% to ₹2,206.20, reflecting sustained investor interest post its steep rally.
• BEL also gained 0.50%, hovering near its 52-week high.

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Lagging Counters: Data Patterns, GRSE and Mazagon Dock Under Pressure

• Data Patterns (India) Ltd declined 1.83% to ₹2,972.40 after being one of the major gainers in recent weeks.
• GRSE slipped 0.86% to ₹3,072, paring gains from its 70% 30-day surge.
• Mazagon Dock Shipbuilders Ltd saw a mild dip of 0.14%, despite staying near record territory.

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Key Metrics and Trends

Metric	June 12, 2025	June 11, 2025	Change
Last Traded Price	8,860.50	8,811.85	+0.50%
1-Month Change	+23.44%	+23.02%	+42 bps
1-Year Change	+36.17%	+35.86%	+31 bps
Total Volume (Shares)	39.90 lakh	~38.7 lakh*	↑ marginally
Total Traded Value	₹727.16 crore	~₹712 crore*	↑ slight

Sector Outlook

The Nifty India Defence index continues to hover close to its all-time high of 9,195.15, in the near term, and its long-term prospects remain positive due to strong order pipelines, government push for indigenous defence, and steady foreign interest.

About Nifty India Defence Index

The Nifty India Defence Index tracks Indian companies engaged in defence manufacturing, shipbuilding, aerospace, and allied segments. It includes both state-run and private sector giants that form the core of India’s indigenous defence ecosystem.

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